tullah
Member
- Location
- Linconshire
Looking into a domestic RHI for the farmhouse here.Have been told only to go for commercial if I have a genuine use for the heat produced.As far as I can see the big difference between commercial and domestic rates is that in the domestic situation there is no need to meter the heat produced because the rates are paid purely on the annual estimate from the EPC.Also in the domestic situation the RHI is not taxable income.My worry is that the scheme I have been offered seems too good to be true with a payback of 4 years and a possibilty of £20k in pocket for the final 3 years of the RHI.Perhaps someone with more knowledge and experience could comment.
I was assuming you had a house and a farm shed available to heat .